BREAKINGNEWS
Sun Microsystems says it will slash up to 6,000 jobs - 18% of global workforce. More soon.
Freddie: $25B loss, taps tax dollars
7:57am: Mortgage finance firm reports huge quarterly loss - Treasury pumps in $14 billion backstop. more
CNN.COM
http://money.cnn.com/2008/11/14/markets/stockswatch/index.htm?postversion=2008111407
CITI to lay off 10,000 workers....HARD to turn this around when THIS is reaction.....this doesn't appear to have bottomed....
Got to "calendars" then "economic" for AM REPORTS usually due at 8:30
http://briefing.com/Investor/Index.htm
If futures HOLD we get GAP DOWN at open, let's look for "FIRST HOUR EXTREME" price and what it does next...ANOTHER reversal to close.......points for ST bottom.IMHO
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